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USA - April 3 2012
On March 27, 2012 the Environmental Protection Agency (“EPA”) submitted for publication in the Federal Register a notice of proposed rulemaking that would set standards of performance for CO2 gas emissions for new fossil fuel-fired electric utility generating units (“EGUs”) with a base load rating of more than 73 MW (the “proposed rule”).
USA - March 2 2012
On March 1, 2012 Senate Energy and Natural Resources Committee Chairman Jeff Bingaman (DNM) introduced the Clean Energy Standard Act of 2012, legislation that seeks to reduce greenhouse gas emissions and encourage low-carbon energy sources through the establishment of a federal clean energy standard (CES).
USA - October 19 2011
On October 18, 2011, the Commodity Futures Trading Commission adopted, by a vote of 3 to 2, a final rule regarding position limits for certain physical commodity derivatives pursuant to the Commodity Exchange Act, as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act.
USA - July 18 2011
On July 6, 2011, the U.S. Environmental Protection Agency (“EPA”) issued its final Cross-State Air Pollution Rule (“CSAPR” or “Final Rule”) pursuant to Section 110(a)(2)(D)(i)(I) of the Clean Air Act, 42 U.S.C. § 7410(a)(2)(D)(i)(I).
USA - July 14 2011
On June 20, 2011, the U.S. Supreme Court unanimously held that the Clean Air Act, and the authority it confers on the U.S. Environmental Protection Agency to regulate emissions of carbon dioxide and other greenhouse gases, “displaces” any federal common law right of state, municipal and private plaintiffs to assert tort claims in the federal courts seeking injunctive relief for alleged harm from greenhouse gas emissions.
